New Delhi, May 29 -- Multibagger small-cap stock Texmaco Rail gained in an otherwise choppy market on Thursday, May 29, buoyed by an order from the Ministry of Railways worth Rs.140.55 crore.
The wagon manufacturer, in an exchange filing today, informed that it has bagged an order for the manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons. The order has to be completed in six months.
"Pursuant to Regulation 30, we write to inform you that the Ministry of Railways (Railway Board) vide its LOA no. 2025/RS(l)/954/2TC dated 28th May, 2025 has awarded an order to the Company for manufacture and supply of 8 rakes of Flat Multi-Purpose Wagons to be executed within 6 months, valuing Rs. 140.55 crores," Texmaco said in a filing.
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